Truist Financial Corp Sells 131,583 Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Truist Financial Corp decreased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 37.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 218,350 shares of the company’s stock after selling 131,583 shares during the period. Truist Financial Corp’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $5,436,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Triumph Capital Management bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter valued at approximately $33,000. Advisory Services Network LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter worth $63,000. Farther Finance Advisors LLC grew its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 39.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,627 shares of the company’s stock worth $65,000 after purchasing an additional 744 shares during the period. Park Avenue Securities LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter valued at about $215,000. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter valued at about $216,000. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of NASDAQ COMT opened at $34.58 on Monday. The stock has a market capitalization of $1.11 billion, a P/E ratio of -16.71 and a beta of 0.10. The company has a 50-day moving average price of $32.85 and a 200-day moving average price of $28.68. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1 year low of $24.24 and a 1 year high of $36.51.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.